HET BROODPUNT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
HET BROODPUNT
Largest movements
- Tangible fixed assets -€16,243
down €16,243 (-12.9%), from €125,642 to €109,398
of which Land and buildings: -€15,913
- Debts after one year -€20,600
down €20,600 (-45.3%), from €45,493 to €24,893
of which Financial debts: -€21,000
- Reserves +€7,180
up €7,180 (+4.6%), from €154,867 to €162,048
of which Distributable reserves: +€7,180
- Gross operating margin +€6,460
up €6,460 (+29.6%), from €21,800 to €28,260
- Depreciation +€3,189
up €3,189 (+24.4%), from €13,054 to €16,243
- Financial charges -€1,104
down €1,104 (-36.5%), from €3,021 to €1,917
- Other operating charges -€837
down €837 (-22.3%), from €3,756 to €2,919
- Taxes -€321
down €321 (-100%), from €321 to €0
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €266,716 | €249,104 | -€17,612 | -6.6% |
| Fixed assets | 21/28 | €125,642 | €109,398 | -€16,243 | -12.9% |
| Tangible fixed assets | 22/27 | €125,642 | €109,398 | -€16,243 | -12.9% |
| Land and buildings | 22 | €124,971 | €109,059 | -€15,913 | -12.7% |
| Furniture and vehicles | 24 | €670 | €340 | -€331 | -49.3% |
| Current assets | 29/58 | €141,074 | €139,705 | -€1,369 | -1.0% |
| Stocks and contracts in progress | 3 | €50,523 | €50,523 | = | 0.0% |
| Stocks | 30/36 | €50,523 | €50,523 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,591 | €1,045 | -€547 | -34.4% |
| Trade receivables | 40 | €1,591 | €783 | -€808 | -50.8% |
| Other amounts receivable | 41 | - | €261 | +€261 | |
| Current investments | 50/53 | €78,790 | €78,790 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,169 | €9,347 | -€822 | -8.1% |
| Total equity and liabilities | 10/49 | €266,716 | €249,104 | -€17,612 | -6.6% |
| Equity | 10/15 | €184,867 | €192,048 | +€7,180 | +3.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €154,867 | €162,048 | +€7,180 | +4.6% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €151,867 | €159,048 | +€7,180 | +4.7% |
| Amounts payable | 17/49 | €81,849 | €57,056 | -€24,793 | -30.3% |
| Amounts payable after more than one year | 17 | €45,493 | €24,893 | -€20,600 | -45.3% |
| Financial debts | 170/4 | €41,093 | €20,093 | -€21,000 | -51.1% |
| Other amounts payable | 178/9 | €4,400 | €4,800 | +€400 | +9.1% |
| Amounts payable within one year | 42/48 | €36,355 | €32,163 | -€4,193 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €21,000 | €18,894 | -€2,106 | -10.0% |
| Trade debts | 44 | €836 | €357 | -€480 | -57.4% |
| Suppliers | 440/4 | €836 | €357 | -€480 | -57.4% |
| Other amounts payable | 47/48 | €14,519 | €12,913 | -€1,606 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,054 | €16,243 | +€3,189 | +24.4% |
| Other operating charges | 640/8 | €3,756 | €2,919 | -€837 | -22.3% |
| Gross operating margin | 9900 | €21,800 | €28,260 | +€6,460 | +29.6% |
| Operating profit (loss) | 9901 | €4,990 | €9,098 | +€4,108 | +82.3% |
| Financial charges | 65/66B | €3,021 | €1,917 | -€1,104 | -36.5% |
| Recurring financial charges | 65 | €3,021 | €1,917 | -€1,104 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €1,968 | €7,180 | +€5,212 | +265% |
| Income taxes | 67/77 | €321 | €0 | -€321 | -100% |
| Profit (loss) for the period | 9904 | €1,648 | €7,180 | +€5,533 | +336% |
| Profit (loss) for the period to be appropriated | 9905 | €1,648 | €7,180 | +€5,533 | +336% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.